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16 Ostlers Road, Lakes Entrance VIC 3909

$950,000

Search Band Search Visibility Band

$950k - $1M High Confidence Calculated based on strong search observations.

Land 14.55 acres

Listed: 47 days ago

Overview

Located in one of Lakes Entrance's prominent growth corridors, this expansive land parcel offers nearly 15 acres of prime residential development potential. Zoned as General Residential (GRZ), the site presents a versatile canvas suitable for a wide range of housing projects or strategic land banking, addressing a market characterized by strong demand and limited available supply.

The gently sloping terrain and sweeping ocean views create a visually compelling setting that maximizes lifestyle appeal while providing nearly 200 metres of road frontage. This combination offers excellent accessibility and the opportunity to design a cohesive residential community that reflects the relaxed coastal environment typical of Lakes Entrance.

Strategically positioned within a high-growth area and close to local amenities, the property invites developers and investors to capitalize on the potential of this sizable, well-located site in one of Victoria's most sought-after regional coastal towns.

Local Market Insights

In Lakes Entrance, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $345,000. The property type mix of listed properties is predominantly Houses at 70%, followed by units (13%), and land (10%). The most active agency for land in the Lakes Entrance area is currently First National, representing 50% of new listings, followed by Shoreside Real Estate with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.